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Latest | Highest ratedHas Jim Cramer Crossed the Line with Sirius XM? [View article]
I think you're giving Cramer more attention and credit than he deserves. In fact, some of my friends and I use an anti-Cramer strategy.
For example, on 8/21 he recommended WMT over TGT. As you might expect, WMT bumped up from $58.50 to close Friday at $59.44. Up 94 cents (+ 1.61%) on the day. Yesterday, one week later, WMT is at $59.29 - up only 21 cents (+1.35%) from a week ago.
On the same day, he recommended dumping TGT for WMT. TGT was at $51.06 yet closed Friday at $52.66 - up $1.60. (+3.13%). And, as of yesterday's close - $52.85 up $1.79 (+3.51%).
Let's face it; Jim can't control what's going to happen. More often than you think, being a Cramer Contrarian is the better play.